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COE premiums all close lower in latest bidding exercise

Category A premiums fell to S$131,890 after hitting a record price in the last bidding exercise.

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在最新的竞标中,拥车证溢价全部走低。

Category A premiums fell to S$131,890 after hitting a record price in the last bidding exercise.

A file photo of vehicles in Singapore. (File photo: CNA/Nuria Ling)

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SINGAPORE: Certificate of Entitlement (COE) premiums closed lower across the board in the latest bidding exercise on Wednesday (Sep 23).

For Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, premiums closed at S$131,890 (US$103,000), down from S$133,009 in the last exercise, which was a new record.

Premiums for larger and more powerful cars in Category B fell to S$133,000 from S$135,001.

COEs for commercial vehicles, which include goods vehicles and buses, fell to S$92,144 from S$93,101 in the previous bidding exercise.

CNA Games Guess Word Crack the word, one row at a time Buzzword Create words using the given letters Mini Sudoku Tiny puzzle, mighty brain teaser Mini Crossword Small grid, big challenge Word Search Spot as many words as you can Show More Show Less Motorcycle premiums closed at S$12,201, down from S$12,556 in the last exercise. Open category COEs, which can be used for any vehicle type but end up being used mainly for large cars, decreased to S$137,000 from S$137,890. A total of 4,210 bids were received, with a quota of 3,229 COEs available. The COE quota for August to October stands at 19,085 – up 0.2 per cent from the previous quarter .

Motorcycle premiums closed at S$12,201, down from S$12,556 in the last exercise.

Open category COEs, which can be used for any vehicle type but end up being used mainly for large cars, decreased to S$137,000 from S$137,890.

A total of 4,210 bids were received, with a quota of 3,229 COEs available.

The COE quota for August to October stands at 19,085 – up 0.2 per cent from the previous quarter .

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